Prosperity programming: former Prosperity Fund programmes
Former Prosperity Fund programmes ('prosperity programming') aim to remove barriers to economic growth, promote economic reform and development to reduce poverty in partner countries.
The Prosperity Fund, established in 2015 as a cross-government Fund, was overseen by the National Security Council. It closed on 31 March 2021 and prosperity programming transferred to the Foreign, Commonwealth & Development Office.
Prosperity is a main priority in the government’s Integrated Review of Security, Defence, Development and Foreign Policy, launched on 16 March 2021.
The Prosperity Fund aimed to promote systemic changes in partner countries through a number of large programmes from 2017 to 2018 onwards. Its programmes focus on either a number of issues within a specific country, or a crosscutting theme in multiple countries.
Multi-year programmes target larger opportunities that take more time to achieve, but offer higher benefits in countries with the highest potential for inclusive growth. As well as contributing to a reduction in poverty in those countries, the programmes create opportunities for international businesses including those from the UK.
All aid projects and programmes comply with the International Development Act 2002, the International Development (Gender Equality) Act 2014, the OECD Development Assistance Committee (DAC) criteria, and UK Government transparency commitments on ODA spend.
The programmes are split between 23 countries and across 12 sectors. See the 2019 to 2020 Prosperity Fund annual report for a breakdown of estimated spend across the Fund.
Prosperity Fund programmes on Development Tracker
These programmes are published on the Development Tracker website:
Foreign, Commonwealth & Development Office Prosperity Fund programmes
Programme summaries are available for programmes still in development. Programme business cases are available for programmes now implementing activity.